Bureau De Change Stopped from Operating Forex Sales as CBN Retains Lending Rate

ABUJA — The operators of the Bureau De Change have been, with immediate effect, stopped from operating forex sales by the Central Bank of Nigeria (CBN). This was disclosed by the Governor of the CBN, Godwin Emefiele, after the two-day meeting of the Monetary Policy Committee (MPC) in Abuja on Tuesday. The Committee, at the end of the meeting, also retained the Monetary Policy Rate at 11.5 percent. The MPC also retained the Cash Reserve...

Disability Group, Sightsavers, Calls for Inclusive Education for Children with Disabilities as Buhari Jets to London for Education Summit

A disability group, Sightsavers, has called on the government of Nigeria to ensure that children with disabilities are not left out in the coming global education summit. Sightsavers made the call as Nigeria President, Muhammadu Buhari travel to the United Kingdom on Monday to participate in the Global Education Summit on Financing Global Partnership for Education (GPE) 2021-2025. According to the disability group, “Nigeria has the greatest number of children out of school in the...

Buhari Travels to London for Medical Check-Up, Education Summit

ABUJA — President Muhammadu Buhari on Monday will travel to the United Kingdom. This was disclosed in a statement by his Special Adviser on Media and Publicity, Femi Adesina. The President’s aide explained that his employer would embark on the trip to participate in the Global Education Summit on Financing Global Partnership for Education (GPE) 2021-2025. After the event, Adesina said that the President would spend few days in the United Kingdom for an earlier...

Court Adjourns Nnamdi Kanu’s Trial Amid Heavy Security in Abuja

ABUJA — There was obvious increase in security around the Federal High Court on Monday morning ahead of the resumption of the trial of Nnamdi Kanu. However, Kanu did not appear before the court as expected, which made the court adjourn the hearing till October 21, 2021. When the case was called up, the court was informed by the prosecution counsel, M.B. Abubakar, that the matter was slated for hearing and that they were ready...

The Annual Income of Lagos NURTW Can Service the Annual Budget of Nasarawa, Yobe, Niger Put Together – Report

LAGOS — The Lagos State Chapter of the National Union of Road Transport Workers, NURTW, popularly referred to as Agberos generates about N123.08 billion annually. This was according to the statistical report by the International Centre for Investigative Report. The report also showed that the yearly income of the transport union could service the annual budget of Nasarawa, Niger, and Yobe states put together. Other sources of income excluded from the report were money levied...

PIB: How Senate President, Ahmed Lawan, Frustrated Bid for 5% Allocation to Host Communities

ABUJA — A former Governor of Bayelsa State, Seriake Dickson, has called on President Muhammadu Buhari to withhold his assent to the Petroleum Industry Bill that was recently passed by the National Assembly. The Senator representing Bayelsa West Senatorial District in the National Assembly said there was the need to review the proposed legislation to accommodate the five percent allocation to the host communities. Dickson made this position known on Thursday while addressing journalists in...

Lagos Restricts Movement as it Goes Into LG Poll on Saturday

LAGOS — The Lagos State Government has announced the restriction of movement in the state for the weekend is it planned to hold Local Government elections in the state on Saturday. This was announced in a statement by the State’s Information and Strategy Commissioner, Gbenga Omotosho, on Thursday evening, noting that movement will be restricted in the country’s commercial centre on Saturday, July 24 between 8am and 3pm. “The restriction is to enable the Lagos...

Buhari Calls on Historians, Intellectuals to Be Fair in Documenting His Administration

President Muhammadu Buhari has called on historians and intellectuals in the country to be fair in the documentation of his government. He urged them to reflect on the level of insecurity in the country before he assumed office. The President made the call on Thursday when some governors of the ruling All Progressives Congress (APC) paid him a Sallah homage to him in his hometown in Daura, Katsina State. The 78-year-old noted that it would...

Buhari Gifts Two Cows, 20 Bags of Rice, 1m to Corp Members in Katsina

President Muhammadu Buhari on Tuesday gifted members of the National Youth Service Corps (NYSC) in Katsina State two cows, 20 bags of rice and N1 million to mark the Eid El-Kabir celebrations. The President also commended the former Head of State, General Yakubu Gowon for the NYSC initiative, which he added had created more opportunities for uniting Nigeria. Buhari stated this while receiving corps members who visited him at his country home in Daura for...

How Buratai Masterminded the Arrest of Sunday Igboho in Benin Republic

Facts on Tuesday revealed how Nigeria’s Ambassador to the Benin Republic, Lieutenant General Tukur Buratai (retd), masterminded the arrest of the Yoruba Nation activist, Sunday Adeyemo, popularly known as Sunday Igboho. According to The Punch, a source in Benin Republic confided that the former Chief of Army Staff wrote the government of the West African country and insisted on the arrest and extradition of Igboho. It was gathered that former Army boss was at the...

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